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India's strategic partnership with G7 to boost world trade: Study
The Political and Business Daily
|June 27, 2025
A strategic collaboration in areas including clean and renewable energy, climate finance, Digital Public Infrastructure, trade and supply chain resilience as well as healthcare and pharma will drive a mutually beneficial growth trajectory between India and the G7 advanced countries, according to a study released here on Thursday.
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The study released by the PHD Chamber of Commerce and Industry also mentioned the importance of maritime and Indo-Pacific security as a strategic factor that further cements the relationship between India and the G7 countries.
The report highlighted that India's merchandise trade with G7 countries has surged by 61 per cent, rising from $154 billion in FY 2020-21 to $248 billion in FY 2024-25, maintaining a steady trade surplus. This reflects India's growing export competitiveness as indicated by the commodity net export price index, bolstering its external sector resilience, the report pointed out.
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